Though the model has been quite robust, the insurance industry is reinventing itself to new heights where it is going through a profound change and transformation primarily driven by technological advancements focusing on enhancing the customer experience at each touchpoint. Insurance companies are leveraging their industry experience and the new age of innovative advancements to provide their customers with more personalized and customizable product solutions and related services.
The profile of loans that NBFCs give out has changed over the years. The share of unsecured lending has increased simply because the growth rates in these segments have been high
Ariel Re, the global reinsurance company that is a consistent user of third-party and ILS capital, has announced the hiring of a former employee to a key
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Lancashire Holdings, the specialty insurance and reinsurance group, has added experienced and well-known industry veteran Bryan Joseph of Vario Partners